Poland's New Golden Age : Shifting from Europe's Periphery to its Center
The objective of the paper is (i) to help fill the gap in knowledge on the long-term economic history of Poland; (ii) to provide a new perspective to the debate on the economic future of Poland, with a special focus on its historically unprecedente...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/10/18347962/polands-new-golden-age-shifting-europes-periphery-center http://hdl.handle.net/10986/16856 |
| Summary: | The objective of the paper is (i) to
help fill the gap in knowledge on the long-term economic
history of Poland; (ii) to provide a new perspective to the
debate on the economic future of Poland, with a special
focus on its historically unprecedented post-transition
growth experience; and (iii) to analyze critically long-term
growth projections for Poland. The paper argues that (i)
Poland has just had probably the best 20 years in its
economic history, growing the fastest among all European
economies and one of the fastest worldwide; (ii) by 2013, it
Poland achieved levels of income, quality of life, and
well-being likely never experienced before, including
relative to Western Europe, a natural benchmark; and (iii)
Poland is well placed to continue converging with the
Western European levels of income, permanently moving from
the economic periphery of Europe, where it languished for
centuries, to the European economic center. The twenty-first
century thus promises to become Poland's new Golden
Age. The paper calls for further research on the lessons
from Poland's successful growth model for other
countries in the region and beyond as well as on the
long-term implications of the rise of Poland for the future
of Europe. |
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